Aussie bonds looked through the........>

AUSSIE BONDS: Aussie bonds looked through the minutes of the RBA's latest MonPol

decision, which contained some interesting discussion points, but offered little

to alter the broader MonPol outlook.

- YM +1.5 with XM +3.0, leaving YM/XM at 34.5 and the cash equivalent at 32.3bp.

- The latest round of I/L supply from the AOFM was looked through. Meanwhile,

ACT (AusCap) launched a new A$ denominated 1.75% 23 Oct. 2031 fixed rate

benchmark, at IPT +76-80bp over 10-year futures/71.3-75.3bp over ACGB 1.50% June

21 2031. Also worth noting that Teachers Mutual Bank mandated banks for a new

round of A$100mn 3-Year senior issuance.

- Bills deal 1 tick lower to 3 ticks higher through the reds.

- A tender of A$800mn of ACGB 2.50% 21 May 2030 provides the only real point of

interest on the local docket on Wednesday.